https://www.taxtmi.com/caselaws?id=326934 Tax is deductible from salary under section 192 only on actual payment, not merely on accrual or book provision, so unpaid year-end salary reflected as an outstanding liability does not attract TDS. On that basis, no obligation arose to deposit tax under Chapter XVII-B and Rule 30(2), and inclusion of the unpaid amount in the default computation under sections 201(1) and 201(1A) was contrary to the statutory scheme. The resulting demand and interest were therefore treated as a mistake apparent from the record, making rectification under section 154 maintainable to that extent. en-us Wed, 16 Mar 2016 00:00:00 +0530 Thu, 28 Apr 2016 10:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326934 Tax is deductible from salary under section 192 only on actual payment, not merely on accrual or book provision, so unpaid year-end salary reflected as an outstanding liability does not attract TDS. On that basis, no obligation arose to deposit tax under Chapter XVII-B and Rule 30(2), and inclusion of the unpaid amount in the default computation under sections 201(1) and 201(1A) was contrary to the statutory scheme. The resulting demand and interest were therefore treated as a mistake apparent from the record, making rectification under section 154 maintainable to that extent. Case-Laws Income Tax Wed, 16 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326934